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Friday, 18 January 2013

GUEST BLOG: A GUIDE TO TRAVEL AND EXPENSE MANAGEMENT IN THE UK

What are the latest travel and
expense management trends in the UK? Renowned analyst company, the Aberdeen
Group, has just released a report about how best-in-class UK organisations are
structuring their expense management programs.

Some figures to get you thinking

The Aberdeen Group are
authorities on travel and expense management research around the world, so when
they say that nearly half of UK-based businesses want to reduce the time
employees spend on entering expenses (52%), the figure is plausible. What is disheartening,
however, is that according to the same report
only 28% of UK-based businesses have real-time visibility into travel and
expense (T&E) spending against budget. Furthermore, only 32% of UK-based
organisations are reporting regularly on policy compliance

The figures resonate with those revealed earlier this year by the UK
Benchmark Report which showed that although UK companies have an interest
in reducing expenses costs (subordinates made 16% fewer claims this year than
last) there is still a way to go for compliance. According to the Benchmark
Report, 10% of the claims approved by managers are out of policy, but only 2%
of these are queried or rejected.

6 comments:

Annapurna Panorama Trek will give you a wonderful introduction to trekking in Nepal – at comfortable altitudes. The paths cross streams and waterfalls from the glaciers and snow fields high above and will take you through terraced farmlands, magnificent rhododendron, oak, maple and bamboo forests. From the ridges your will get spectacular views of the 6000-8000m snow clad peaks of Annapurna region.

This Annapurna Panorama trekking is ideal for families or groups who want to gain a ‘taste and feel’ of the Himalayas and either have limited time or fitness to go to Annapurna panorama trek.

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